Place | Toronto |
Conclusion | 15/09/1970 |
Signature | 15/09/1970 |
Entry into force | 24/09/1971 |
Agreement on Economic and Technical Co-operation between the Government of Canada and the Government of the Federal Republic of the Cameroon
E101133 - CTS 1971 No. 50
The Government of Canada and the Government of the Federal Republic of the Cameroon, wishing to establish, on the basis of equality and mutual benefits, the principles of their co-operation, have agreed to the following provisions:
Article 1
The Government of Canada undertakes to offer its financial and technical co-operation to the Government of the Federal Republic of the Cameroon for carrying out its social and economic development programme.
Article 2
This co-operation shall be established on the basis of programmes and projects approved by the Government of Canada and the Government of the Federal Republic of the Cameroon. It may consist in particular of the provision of Canadian goods, services and equipment, of the assignment of experts and technicians, of the carrying out of studies, of the training of Cameroonian nationals and of the granting of loans or subsidies.
Article 3
The programmes and projects mentioned in the foregoing Article shall be financed by means of loans or subsidies from the Government of Canada to be granted on conditions agreed upon from time to time with the Government of the Federal Republic of the Cameroon. On the other hand, the Government of the Federal Republic of the Cameroon undertakes to repay the loans granted by the Government of Canada on the conditions established by the Parties pursuant to Article 4(b) hereunder.
Article 4
In pursuance of the objectives of the present Agreement, the Government of Canada and the Government of the Federal Republic of the Cameroon, acting directly or through their competent agencies, may in due course conclude secondary agreements, evidenced by letters, notes or memoranda in writing, relating to the following questions:
Article 5
Canadian contributions to the Federal Republic of the Cameroon economic and social development programme shall be subject to the following basic principles:
Article 6
Unless the text thereof expressly states the contrary, subsidiary agreements concluded in accordance with Article 4 of this Agreement shall be considered to be administrative arrangements only and not formal agreements binding the Parties in international or domestic law.
Differences which may arise in the implementation of such agreements or from the interpretation of the provisions contained therein shall be settled by negotiations between the Government of Canada and the Government of the Federal Republic of the Cameroon or in such other way as may be mutually accepted by Parties to this Agreement.
Article 7
The present Agreement, of unspecified duration, shall come into force after ratification by the two Parties according to the customary procedure in each State and shall remain in force as long as one or other has not denounced it by six month’s written notice.
However, such termination shall not affect the validity of the contracts already concluded or of the guarantees already furnished under the terms of this Agreement.
DONE at Toronto on the fifteenth day of September 1970 in two original copies, each in French and English, the French and English texts being equally authentic.
Donald S. MacDonald
FOR THE GOVERNMENT OF CANADA
Charles O. Awana
FOR THE GOVERNMENT OF THE FEDERAL REPUBLIC OF THE CAMEROON